Derek Jeter Rumors: Friday

Not only are the Yankees close to signingMariano Rivera to a two-year deal, negotiations with Derek Jeter seemed to take a step forward yesterday. The Yankees increased their offer to Jeter and agent Casey Close lowered his asking price. Here are the latest updates on Jeter and the Yankees:

"Significant progress" has been made between Jeter and the club over the last two days, tweets Jon Heyman of Sports Illustrated.

The Yankees are still waiting to hear Jeter's response to their most recent proposal, according to ESPN.com's Buster Olney (on Twitter).

The Yankees are hesitant to add a guaranteed fourth year, though they are willing to offer Jeter more than $15MM per season, according to Andrew Marchand of ESPNNewYork.com. If the Yankees do add a fourth year, it would likely be an option triggered by performance.